1 Billion VS 1 Million Dollars Is A HUGE Difference
Comparing 1 billion vs 1 million seems like one is a lot and the other is a little more. But I don’t think people realize just how much LESS 1 million compared to 1 billion really is.
Finance Basics
Welcome to the Finance Basics, where we lay the groundwork for your financial journey. In this category, we explore the essentials of finance, helping you build a solid understanding of how money works.
The two subcategories are:
- Personal Finance Basics:
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- Covers fundamental concepts related to managing personal finances.
- Includes guidance on budgeting, saving, and other key aspects of personal financial management.
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- Financial Education and Literacy:
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- Provides resources and information aimed at improving financial literacy.
- Focuses on educating individuals about various financial concepts, ensuring they have the knowledge needed for sound financial decision-making.
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The Minimum Deposit For Opening A Bank Account
Are you looking to open a new bank account? As you’re shopping around to find the right bank, you’re most likely thinking about how much money you need to open a bank account. Well… here are the minimum opening deposits required at various banks for a checking or savings account.
Locating The Routing Number On A Check
I used to always wonder what that long string of numbers on the bottom of a check was, and you might have as well. It is made up of your account number, routing number, and check number. So if you need to locate your routing number on a check, here’s how you do it. How … Read more
The 3 Functions Of Money: And Occasional 4th
What makes this piece of paper “money”? That is a thing I’ve always wondered about, and you probably have as well. To be honest, anything can be money and there have been many different types of money throughout history. For money to be considered as such, it must be generally accepted and serve 3 functions … Read more
What Is Money Made Of? And How It’s Made!
There’s the old saying that, “money doesn’t grow on trees.” But where does it come from then? What is money made of?
The Payroll Tax Deferral And How To Budget For It
Payroll tax deferral? What’s that? Well, in 2020 due to the ongoing COVID-19 pandemic, the people in charge at the White House thought it might be a good idea to defer federal tax collections from our paychecks. Note that I said defer, but we’ll come back to that later. Anyhow, this brilliant plan came about … Read more